Ryder System, Inc. (NYSE:R), a leader in commercial fleet management, dedicated transportation, and supply chain solutions, today announced that Ryder CIO Rajeev Ravindran was recognized at the South Florida Business Journal 2018 Technology Awards in Davie, Fla. on Oct. 11, as one of three finalists for CIO of the Year. The annual award ceremony recognizes leaders in information technology who have demonstrated the ability to align technology direction with company strategy, in order to drive innovation and, ultimately, organizational growth.

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Rajeev Ravindran, Ryder CIO. (Photo: Business Wire)

Rajeev Ravindran, Ryder CIO. (Photo: Business Wire)

“Alignment with the business is critical,” said Mr. Ravindran. “It’s a different mindset, a powerful shift to shared ownership that enables digital business innovation and increased speed to market. At Ryder, business and IT are one; we work together to deliver cutting-edge, technology-enabled business solutions that continue to position our customers for success.”

Mr. Ravindran was appointed to the position of CIO at Ryder in January. He is a member of Ryder’s Leadership Team and is responsible for all aspects of Ryder’s IT organization, including the technology, vision, strategy, and execution of Ryder’s key IT platforms and systems.

“This is an era in which customer-facing technologies, digital capabilities, and the integration of core software systems are critical to the customer experience,” said Ryder Chairman and CEO Robert Sanchez. “Rajeev has driven significant results over the course of his 20 years as a leader in the IT industry, and his impressive leadership experience has already proven valuable to Ryder.”

Prior to joining Ryder, Mr. Ravindran was the CIO and Group Vice President at JM Enterprises, where he was with the company since 2003 and held the position for six years. With more than two decades of IT leadership experience, he has worked in roles at various companies including Interactive Metronome, Asista.com, and AutoNation. Mr. Ravindran earned a Bachelor of Science degree in Electrical & Computer Engineering from the University of Miami.

About Ryder

Ryder is a FORTUNE 500® commercial fleet management, dedicated transportation, and supply chain solutions company. Ryder’s stock (NYSE:R) is a component of the Dow Jones Transportation Average and the S&P MidCap 400® index. Ryder has been named among FORTUNE’s World’s Most Admired Companies, and has been recognized for its industry-leading practices in third-party logistics, environmentally-friendly fleet and supply chain solutions, and world-class safety and security programs. The Company is a proud member of the American Red Cross Disaster Responder Program, supporting national and local disaster preparedness and response efforts. For more information, visit www.ryder.com, and follow us on our Online Newsroom and social media pages: Facebook, LinkedIn, Twitter, Instagram, and YouTube.

Note Regarding Forward-Looking Statements: Certain statements and information included in this news release are "forward-looking statements" within the meaning of the Federal Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our current plans and expectations and are subject to risks, uncertainties and assumptions. Accordingly, these forward-looking statements should be evaluated with consideration given to the many risks and uncertainties that could cause actual results and events to differ materially from those in the forward-looking statements including those risks set forth in our periodic filings with the Securities and Exchange Commission. New risks emerge from time to time. It is not possible for management to predict all such risk factors or to assess the impact of such risks on our business. Accordingly, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.